Friday, January 9th Bitcoin and Ethereum Night Market Analysis

Today’s market showed a typical oscillating decline pattern. In the early session, BTC surged to around 91,600 before pulling back, then attempted to rebound near 91,200, but ultimately couldn't hold, retreating to around 89,700. The overall rhythm aligns closely with the previous support level at 90,000.

From the daily chart, the bullish momentum has clearly weakened, trading volume has shrunk, and the market is showing a slow downward trend. Focus should be on the 89,000 level—once broken, caution is advised. Moving to the four-hour chart, bearish momentum is also diminishing, but the formation of long lower shadow candlesticks remains noteworthy. Resistance remains around 91,600.

Current outlook: BTC is slightly bearish around 90,800, with a target of 89,000; for ETH, a correction between 3,120 and 3,000 can be an entry point for bulls. Market dynamics change rapidly, so flexibility is essential.

#2026年比特币价格展望 $BTC $BNB